PayPal shares jump on Elliott’s $2 bln stake, annual profit guidance raise
PayPal Holdings (PYPL.O) on Tuesday said activist investor Elliott Management has an over $2 billion stake in the fintech company and the firm raised its
Category: Business
Chinese filings for U.S. clearance on investments doubled in 2021
Chinese investors roughly doubled the number of applications they made last year seeking U.S. regulatory clearance for proposed stakes in American companies, according to a
Fed’s Bullard: Rates will need to be ‘higher for longer’ if inflation does not recede
If inflation does not respond to the Federal Reserve’s interest rate increases by easing as expected, then rates will have to remain “higher for longer,”
Fraud charges in hacking case against Uber ex-security chief are dismissed
A U.S. judge on Tuesday granted a request by prosecutors to dismiss fraud counts against a former Uber Technologies Inc (UBER.N) security chief also charged
Twitter queries banks on Musk’s attempts to undermine $44 bln deal
Twitter Inc (TWTR.N) is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social
EU Commission agrees to extend sale deadline for Monte dei Paschi
The European Commission on Tuesday approved revised restructuring targets for Italian bank Monte dei Paschi di Siena (MPS) (BMPS.MI) and a new deadline for the
Australian stock exchange operator delays software overhaul by 20 months
The Australian Securities Exchange (ASX.AX) said on Wednesday it would delay an overhaul of its main share trading software by up to 20 months, citing